Work

Medicare Part D Preferred Pharmacy Networks And The Risk For Pharmacy Closure, 2014–23

Year: 2025

Type: article

Abstract: Medicare Part D plans incentivize the use of specific pharmacies through preferred networks. We found that independent pharmacies and pharmacies in low-income, Black, and Latinx neighborhoods were less likely to be preferred by most Part D plans than chains and pharmacies in other neighborhoods. Pharmacies that were not preferred by most plans were 70-350 percent more likely to close than other pharmacies.

Source: Health Affairs

DOI: 10.1377/hlthaff.2024.01452

Authors: Jenny S. Guadamuz, G. Caleb Alexander, Genevieve P. Kanter, Dima Mazen Qato

Institutions: University of California, Berkeley, Johns Hopkins University, University of Southern California

Language: English

Topic: Healthcare Policy and Management

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Reduced inequalities, Good health and well-being

Open Access status: green

Funder: National Institute on Aging